Search Results for: diamonds
Beware: Emergency Order against Ponzi scheme targeting hundreds of investors
May 23rd, 2019
The Securities and Exchange Commission (SEC) has issued an announcement to inform that it has obtained a court order halting an ongoing $30 million Ponzi scheme targeting more than 300 investors in the U.S. and Canada. The SEC complaint ...
Victims of €20m French-Israeli ads scam to get some money back, not from Israel
November 7th, 2018
Seven years after French law enforcement began receiving complaints about a sophisticated advertising scam operated from France and Israel, hundreds of victims of the 20 million euro ($17.5 million) fraud are being notified by the French authorities that they ...
Diamond prices continued to soften during the quieter summer period
September 13th, 2018
Diamond prices continued to soften during the quieter summer period, reports Rapaport in its diamond index for August. Factors such as the closure of bourses in Belgium and Israel caused prices for 0.30-, 0.50-, and one-carat diamonds to fall ...
Diamond prices on the rise despite month-to-month decline
August 3rd, 2018
Seasonal slowdowns caused diamond prices to fall marginally in July, across a number of size categories. However, as Rapaport indicates in its monthly diamond index, the outlook for the year remains positive. For July, the index revealed the following ...
Popular Chinese internet forum launching its own crypto token
July 27th, 2018
In order to regain its steadily declining user base, Tianya Club, one of the oldest social networking platform has resorted to cryptocurrency by launching its own token called Tianyan Token (TYT). The internet forum which first went live in ...
Diamond prices rise in June
July 9th, 2018
Diamond market sentiment was positive in June after the Las Vegas shows demonstrated robust US jewelry demand. Suppliers held polished prices firm amid shortages in some categories and as high rough prices squeezed manufacturing profit margins. The RapNet Diamond ...
Former executive chairman of a diamond mining company acquitted on charges of misleading the market
June 27th, 2018
Mr Alexandre Alexander, the former executive chairman of Kimberley Diamonds Ltd (Kimberley Diamonds), was on 25 June 2018 found not guilty on two counts related to issuing false or misleading information to the market following a jury trial in ...
Diamond prices stable amid slow April trading
May 9th, 2018
The diamond market was seasonally quiet in April as dealers took vacation over the Passover and Easter holidays. Polished prices were steady, with manufacturers protecting their profit margins against recent rough-price hikes. The RapNet Diamond Index (RAPI™) for 1-carat ...
Fancy color diamond prices posted a slight rise
February 8th, 2018
Fancy color diamond prices posted a slight rise in the fourth quarter of 2017 from the previous quarter, according to The Fancy Color Research Foundation (FCRF). There were significant increases in prices of fancy blue diamonds, offset by continued ...
Diamond prices predicted to increase in 2018, says analyst
January 18th, 2018
Diamond prices are on the rise in 2018, which will bring economic growth to the mines in the Northwest Territories, according to an analyst. Paul Zimnisky, an independent diamond industry analyst based in New York City, says he expects ...